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> They've also offered stock options though I'm not as interested in that and would rather take a higher salary. Why? Yes, cash is something that you can spen

by anamax 17y ago

> They've also offered stock options though I'm not as interested in that and would rather take a higher salary. Why? Yes, cash is something that you can spend now, but stock costs them less, so you might be able to get more NPV by loading up on stock. Also, suppose that they brought in another intern (or two) with the difference between what you'd like and what you can live on. What would that do to the value of your stock? (John Elway diverted part of his salary to linemen. That was an investment in his career and health.) You could negotiate a steady increase in pay, so your income grows as you change your lifestyle. BTW - since you've been working there for a while, the cliff for vesting should be significantly less than it would be for a new hire.

espadagroup 17y ago
I've just heard a lot about stock options for employees and seen the math for it and how it really isn't a path to being rich and isn't that lucrative for a normal exit over so many years. I'd just rather not sacrifice salary at this point of my life for that.
- anamax 17y ago
  > I've just heard a lot about stock options for employees and seen the math for it In other words, you haven't done the calculation for this circumstance. You're early enough that "the math" that you've seen may not apply. You're not going to get rich from salary either, so the fact that stock options won't necessarily make you rich doesn't mean that they're a bad idea.